Market has 7 pullbacks since March 2009. Here is a statistics analysis of all these pullbacks:
SPX Pullback Statistic Report (Since March Low)
SPX Pullback Statistic Report (Since March Low)
A B C D E F G
High 832.98 875.63 930.17 956.23 931.92 1018 1039.47
Low 779.81 826.83 878.94 888.86 869.32 978.51 991.97
Pullback% 6.38% 5.57% 5.51% 7.05% 6.72% 3.88% 4.57%
My point is there might not be a 10% pullback at all. Everybody is eager to get it to jump in, but it may not happen. A pullback around 20MA can be an entry point (need other indicators to confirm).
My point is there might not be a 10% pullback at all. Everybody is eager to get it to jump in, but it may not happen. A pullback around 20MA can be an entry point (need other indicators to confirm).
yaobooyao 发表于 2009-9-4 23:17